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The following table shows production possibilities for Malaysia and Ecuador, assuming that there is no trade. Each number represents units of product produced per hour,
The following table shows production possibilities for Malaysia and Ecuador, assuming that there is no trade. Each number represents units of product produced per hour, if all resources are fully employed. Product Malaysia Ecuador MP 3 Players 500 400 Shoes 900 1800 Suppose that workers in both nations work a ten-hour day and split their time evenly between producing the two goods. Total world output of MP 3 players will be enter your response here. Total world output of shoes will be enter your response here
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